1

Choose Big DMake Dallas your home and home for your business.

Traveling Man Statue & Downtown DallasCredit: Brian Berzer Photography

DALLASECONOMICDEVELOPMENT

2

Dallas is one of the world’s most important business centers

• Seventh ranked global headquarters city (Globalization and World Cities Research Network, 2010)

• Dallas area has the 3rd largest concentration of Fortune 500 firms in the U.S. (20) and has increased its Fortune 500 count by 25% since 2001

• Gross product grew by $123B (49%) over the decade to $374B (28th in the world if a country, between Austria and Argentina)

McKinsey & Co. projects Dallas will remain a leading global metropolitan area, ranked 12th in 2025 worldwide, 4th among the U.S.

AT&T HeadquartersCredit: City of Dallas

3

Main Street DistrictCredit: Urban Fabric Photography

Dallas is the largest city in the 4th largest metropolitan area in

the United States

DFW has added 1 million residents every decade for 50 years; population is projected to grow to almost 8.5 million residents by 2030.

Largest U.S. Metro Areas

4

Dallas is the most centrally located major business center in North America

• Five major interstate highways, and four intermodal rail yards

• 98% of the U.S. population is within two days by ground

Dallas has the third lowest distribution costs of the top 50 U.S. consumer markets and lowest of the top 10 markets. Downtown Freight Rail

Credit: Union Pacific Railroad

5

Dallas is connected via the world’s fourth busiest airport

• Dallas-Fort Worth International Airport & Dallas Love Field combine for 7,067 weekly non-stop flights to 188 destinations on five continents

• DFW is a major air cargo hub• Four hours by air to any North American city

Starting in 2014, the newly renovated and expanded Dallas Love Field will offer scheduled passenger air service to the entire US and Mexico. Dallas-Fort Worth International Airport

Credit: DFW Airport

6

Dallas businesses draw on a 2.9 million-strong workforce

• 771,000 in professional services, finance and information• 390,600 in transportation, distribution, utilities, manufacturing• 311,300 in health care and social assistance

Dallas is projected by the U.S. Bureau of Labor Statistics to continueadding jobs at a faster rate than the nation through 2016.

Professional, scientific andtechnical workforce growth

Akard StationCredit: City of Dallas

7

Dallas area colleges and universities enroll over 300,000

students in 2011-12

Dallas Baptist UniversityCredit: Dallas Baptist University

In 2013, the George W Bush Presidential Center will open on the campus of Southern Methodist University in Dallas.

8

The Dallas area has over 250 corporate headquarters, each with more than

1,000 employees

Dallas is the largest metro in the top 10 in Forbes’s list of the Best Places for Business and Careers (2011). Comerica Bank Tower

Credit: Comerica Bank

9

Dallas is the lowest-cost big business hub in the U.S.

• Forbes ranks Dallas as the 14th most affordable city in America.

Source: C2ER COLI 2011 Q2

ACCRA Cost of Living, 2011

Pro-growth policies helped prevent a housing price spike in Dallas. Extensive transportation investment also keeps costs low. NorthPark Center

Credit: NorthPark Center

10

Dallas area CEOs are more bullish than their national

counterparts• Only 10% of Dallas CEOs have a negative outlook

• According to the Conference Board, a majority of CEOs nationallyare negative about the economic outlook

62% of Dallas CEOs expect their company's revenue to increase this year

42%

14%10%

40%

DFW U.S.

Improve

Decline

Local CEO sentiment about DFW and the U.S.

Margaret Hunt Hill BridgeCredit: City of Dallas Public Information Office

11

Dallas is one of the most innovative economies in the U.S.

Dallas NobelPrize Winners:

1985, 1988, 1994,2000, 2011

Rank Metro Area Tech Jobs (1,000s)

Concentration(U.S. = 1.0)

1 San Jose 244 4.6

2 Seattle 226 2.7

3 Cambridge 164 3.4

4 Washington 276 2.0

5 Los Angeles 376 1.6

6 Dallas 188 1.5

7 San Diego 136 1.8

8 Santa Ana 147 1.7

9 New York 262 0.9

10 San Francisco 106 1.8

Dallas universities are making major investments in science and technology with total R&D spending up 68% since 2002.

Top Technology Metros

UT Southwestern BioCenterCredit: City of Dallas

Source: Milken Institute

• Dallas is the birthplace of integrated circuit, information processing industry, convenience stores, group health insurance and the frozen margarita.

12

Dallas is creating one of the most ambitious trail, bike and complete

streets networks in the U.S.

Dallas has 21,000 acres of parks and at build-out, will have 840 miles of on-street bicycle facilities and 250 miles of trails.

DallasPark & Trail Map

White Rock LakeCredit: City of Dallas

13

Dallas built the nation’s greatest arts district which recently

completed a $354M expansion

The Arts District brings together renowned performance halls, museums, residences and restaurants to form a diverse arts destination that continues to grow.

– Winspear Opera House– Wyly Theater– Performance Park– Annette Strauss Artist Square– Dallas Museum of Art– Nasher Sculpture Center– Crow Collection of Asian Art– City Performance Hall– Booker T Washington High School for the

Performing and Visual Arts

The $158 million, 150,000 sq ft Perot Museum of Nature and Science is under construction, only blocks from the Arts District. Winspear Opera House

Credit: Timothy Hursley

14

Dallas is a musical mecca with hundreds of live acts available

every week

• Over 300 venues for live music• Major musical events include:

– 35 Denton Music Festival (Denton)– Deep Ellum Arts Festival (Dallas)– Fort Worth Music Festival (Fort Worth)– Gorilla v. Bear Festival (Dallas)– Homegrown Music & Arts Festival (Dallas)– State Fair of Texas (Dallas)– Wildflower Arts & Music Festival (Richardson)

The City Performance Hall, opening in 2012, will give Dallas’ smaller performing arts organizations a venue to perform in the Arts District. Granada Theater

Credit: Brian Berzer Photography

Credit: House of BluesCredit: Deep Ellum Assoc.

15

Dallas is building the most exciting downtown in the

Southwest

• Over 5,000 new residential units completed• 1,001 room convention center hotel completed• New downtown park completed, two more under

construction including one over a freeway• Numerous restaurants and clubs opening regularly

Klyde Warren Park

Multiple historic downtown buildings have been purchased and are being converted into new residential, commercial and hotel space Omni Dallas Convention Center Hotel

Credit: David Woo, Dark Light Photography

16

Dallas has an impressive health care system

• Three hospitals named to U.S. News and World Report’s “America’s Best Hospitals”

• New $350M cancer center at Baylor University Medical Center

The new Parkland Hospital is the largest hospital project in the nation ($1.3B). UTSW is building a new $800M hospital. Both will open in 2014.

Rendering of new UTSW Hospital

Rendering of new Parkland Hospital

Methodist Charlton Medical CenterCredit: City of Dallas

Credit: Parkland Health and Hospital System

Credit: UT Southwestern Medical Center

17

Dallas is committed to supporting business

development and growthComprehensive plan, forwardDallas! focuses on enhanced economy,

public investments, quality housing, healthy neighborhoods, transportation systems and environmental sustainability

Strategic Engagement development plan focuses on strengthening Dallas’ business clusters (headquarters, media, telecommunications, IT services, trade, and distribution; downtown redevelopment and mixed use development

The City is preparing a 2012 bond program and has initiated a review of its development process to streamline and improve customer service. Dallas City Hall

Credit: City of Dallas

City Bond Programs

18

Dallas has remarkable neighborhoods

Dallas is the urban center of the DFW metro area. There are 4,735 housing units under construction in downtown and surrounding neighborhoods. Dallas Neighborhoods

Credit: City of Dallas

New and historic, with unique restaurants

and boutiques, renowned and hole-in-the-wall arts and

entertainment venues, nationally-ranked

schools and accessibility by roads,

rails and trails.

19

For more information, visit www.Dallas-EcoDev.org

DALLASECONOMICDEVELOPMENT

Downtown Dallas at NightCredit: Mike Hemme, Corgan Associates, Inc.Dallas is All Ways Connected

From business to geography, talent to culture, technology to infrastructure. With a rich history of success, entrepreneurship, art, and family, Dallas is a perfect reflection of an increasingly connected world.

Let the staff at the City’s Office of Economic Development help you learn what you need to choose Dallas.